Top 5 Blockchain Platforms in 2022 You Should Know

Top 5 Blockchain Platforms in 2022 You Should Know
January 31, 2022

Over the last decade, blockchain technology has been changing the way businesses interact with one another. With its potential to expand economics, industry, and business models for consumers, it's clear that blockchain is revolutionizing the world we live in. In this article you'll learn about some of the top blockchain platforms on the market today.

1. Ethereum

Many have found Ethereum to be revolutionary in many ways. It has helped developers build decentralized platforms and applications that can solve crucial challenges like the need for data privacy, speed, cost-efficiency, and more.

Bitcoin was the first cryptocurrency to be widely used, but Ethereum is quickly replacing it. Ethereum has risen exponentially in popularity over the past few years, and it is expected to surpass Bitcoin by 2022.


2. Corda

Corda is a blockchain platform that provides a distributed ledger to track and trade different assets. The system is also compatible with external data sources, which means that it has the ability to integrate different trading systems in the future.

This blockchain platform is currently being used by organizations like CitiBank, and China Merchants Bank.

Corda’s core suite of capabilities enable developers to build apps at high speed without having to integrate and delay delivery.

You can quickly and easily Develop across any programming language you already use.


3. Ripple

Ripple is a blockchain-based platform that enables the instantaneous, fee-less and nearly free transfer of money in any currency to anywhere in the world. The platform utilizes smart contracts and has made over hundreds financial institutions implement its solution.

Ripple's recent partnership with major banks and financial institutions has created a lot of buzz about their platform. Many people have stated that Ripple is the first blockchain platform to cross borders successfully, making it easier for people to trade goods and services across the globe.


4.Hyperledger Fabric

Hyperledger Fabric is an open source blockchain platform created by the Linux Foundation. It is one of the most popular platforms today, with some saying that it is second only to Ethereum.

The main feature of this platform is its modular architecture which makes it easier to create applications and networks on top of it. The other feature that makes Hyperledger Fabric stand out from other platforms is "Chaincode".

This allows developers to write smart contracts for decentralized applications which is why many companies are already utilizing this platform.

This blockchain platform is used by well reputed companies like Honeywell, Walmart, Sony Global Education.


5. IBM Blockchain

IBM's IBM Blockchain Platform is a blockchain-based system that uses APIs and provides an integrated platform for customers to build and operate blockchain networks.

The IBM Blockchain Platform is integrated with IBM Cloud, which allows enterprises to seamlessly exchange information between their own systems.


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